Sunwoda Electronic was founded in 1997 by Wang Mingwang and Wang Wei. In 2008, Sunwoda expanded into the EV battery business. In 2011, Sunwoda went public and was listed on the
ChiNext exchange in Shenzhen. Since 2022, Sunwoda has been listed in Benchmark's Tier 1 of Automotive-grade Battery Producers. In August 2023, Sunwoda announced that it was constructing an EV battery plant in
Nyiregyhaza, northeast Hungary. In early 2025,
LG Energy Solution won three patent infringement injunctions against Sunwoda. ==Operations==